• Home
  • News
  • Fortune 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
China

China will sanction some U.S. officials and curb diplomatic travel

By
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Bloomberg
Bloomberg
Down Arrow Button Icon
December 10, 2020, 5:35 AM ET

China said it will sanction more U.S. officials and place new travel restrictions on American diplomats in retaliation for measures taken by the Trump administration over Hong Kong.

Chinese Foreign Ministry spokeswoman Hua Chunying didn’t provide specific names of those sanctioned, but said they included people in the executive and legislative branches and their immediate families, as well as non-government organizations. China would also revoke visa-free entry to Hong Kong and Macau for U.S. diplomatic passport holders, Hua told a regular briefing in Hong Kong on Thursday.

The U.S. announced sanctions Monday against 14 members of China’s National People’s Congress, the country’s rubber-stamp legislature, as President Donald Trump tries to ratchet up pressure on Beijing before President-elect Joe Biden takes office. The U.S. has taken a slew of actions against Beijing in recent weeks, including restricting travel visas for Communist Party members and banning cotton imports from a military-linked firm in Xinjiang.

A spokesperson at the U.S. Embassy in Beijing declined to comment on China’s latest sanctions but referred to a statement expressing concerns about Beijing’s actions toward the financial hub.

Hong Kong has continued to be rocked by political upheaval in recent weeks. Last month, China passed a resolution allowing the disqualification of Hong Kong lawmakers who weren’t deemed sufficiently loyal — prompting opposition legislators to resign en masse. Prominent activists Joshua Wong and Agnes Chow were also sentenced to prison for leading a 2019 protest outside police headquarters, the latest in a series of moves by Chinese and local officials to clamp down on the city’s battered opposition.

While Hong Kong Chief Executive Carrie Lam has complained about U.S. sanctions limiting her access to banking services, many American officials targeted by China’s “firm countermeasures” have seen little impact other than the assumption that they wouldn’t be welcomed in China. Beijing’s ability to hit back is limited by the U.S. dollar’s dominance in international finance.

The greenback accounted for a far larger share of global banking transactions, as the Communist Party resists calls to ease currency controls. That makes it more difficult for multinational banks — including China’s state-run lenders — to avoid compliance with U.S. sanctions.(Updates with US embassy comment in fourth paragraph)

–With assistance from Iain Marlow.

About the Author
By Bloomberg
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.